7 days to verity and update PAN online by SBI???

Can India be transformed with such banks which take 7 days to verify a PAN online for a Savings account? Especially when there are linkages all over the place - aadhaar linked to pan, passport linked to PAN.
This is the case with SBI. When opening the account about 10 years back, I had given the PAN number. But, our friends at the bank did not update it and I also did not check. About 3 days back, I wanted to open an RD, online. The system said that the PAN is not updated. So, please create a request for updating PAN. It is has been over 3 days now and the request is still not processed. When there is a link between Aaadhar and PAN and also PAN can be verified online, SBI technologists seem to be blissfully unaware of this. Looks like somebody in the home branch needs to manually verify it (work expands to fill time).
No wonder, the big bulls are given loans without scrutiny and they in turn default on the loan payments, more  

View all 19 comments Below 19 comments
Why blame SBI.It's RBI which passes stupid orders from time to time.When Adhar Card is linked why this KYC update after certain period.Even MF has awful requirement for KYC more  
SBI is pain in the neck. Bank misplaces the documents submitted in support of KYC and then start harassing customers including Sr citizens. Another nationalised bank which keeps troubling is Indian Bank. I used to draw my pension from Allahabad bank which was an efficient bank. This was merged with Indian bank and trouble has started. This bank staff does not pick up phones. more  
SBI is the biggest public sector bank and efforts must be made to improve its performance by Ministry of Finance more  
SBI stands for SLOWER BANK OF India. so they are acting slow as per their status. why to Cry ? more  
Let us co-operate the Bank and hope the work is completed at the earliest more  
Post a Comment

Related Posts

    • New ruling on what investment platforms/brokers are permitted

      These days investment platforms and brokers are offering investments in cryptocurrency, unlisted private companies, US stocks, digital gold and what not. SEBI has barred them from doing ...

      By Sudesh Rai
    • Vaccination Perspective

      So just to clarify that the total number of 50.6% vaccinated in India includes 20.9 % fully vaccinated + 29.7% single dose vaccinated. At risk population is still quite high.

      By Shikha Jain
    • Making Numbers of Vaccine

      India is soon going to clock 1 bn doses & Govt will hail this remarkable achievement. In this pursuit, someone has (just now) vaccinated a departed distant relative with a 2nd dose. They even h...

      By Garima Sharma
    • Vaccination means Masks not needed - Indian Leaders

      Many Indian leaders are setting a very wrong example for the public by not wearing masks in meetings that are held indoors. Attached are some of the leaders like health ministers petroleum minister...

      By Shikha Chhabra
    • State Tourism Industry: Inputs on Issues

      State Tourism in India if organized effectively can be a huge revenue and employment generator. However, due to limited understanding, no bench marking, poor processes, lots of corruption, huge VIP...

      By LocalCircles Manager
    • Mask and Social Distancing Compliance falls going into Festive Season

      Thanks to all of you who participated in the recent Mask and Social Distancing Compliance Survey. Below is the link to the survey report:

      By LocalCircles Manager
    • Wake up FSSAI

      The U.S. FDA yday gave restaurant chains and packaged food companies a goal of reducing sodium levels by an average of 12% - part of its attempt to clamp down on preventable health issues like high...

      By Radhika Maheshwari
    • Remdesivir maker was raking in black money

      Income tax dept raided hetero pharmaceuticals in hyderabad the maker of remdesivir. They found the attached (142 crores of black money) Get this last year LocalCircles had raised issue o...

      By Sarika Bansal
    • Tomato and Onion Prices

      Last year LocalCircles took up the issue of price rise when per kg price of tomato hit 60 and onion hit 25. This year tomato is 75 and onion is 50. Kindly survey what people are paying and tell the...

      By RN Chopra
    • Suicidal act by people and Mumbai airport managers

      Every member must carefully carefully see these images of Munbai airport this morning. People here have lost it and I have a feeling every airport will soon be looking like this. And if this contin...

      By Aditi Gupta
    • Long Covid Survey

      Yesterday the WHO has defined what long covid is and attached are the details and summary in news paper. I suggest the best use of localcircles is sharing of experience. Can we all share...

      By Sanjana Agarwal
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)